Business Quote by Daniel Levitin
“Google is a company whose very existence depends on innovation - on inventing things that are new and didn't exist before - and on refining existing ideas and technologies to allow consumers to do things they couldn't do before.”
About This Quote
Source Speech: 2018, TEDx, The Power of Innovation
Innovation drives a company's survival; new ideas and refining old ones enable consumer breakthroughs
In simple terms: Innovation is essential for growth
Key Takeaway
Prioritize both new creation and improvement
Themes
business
innovation
technology
Mood
analytical
forward-looking
Type
strategic
inspirational
When to use this quote
- product development
- market expansion
- tech upgrades
Key Concepts
disruptive innovation
incremental improvement
R&D
Questions to Reflect On
- How balance risk and reward?
- When should a company focus on refinement?
A Different Perspective
Innovation can be costly and risky
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